Zinc of Ireland NL Announces Capital Raise Schedule

Zinc of Ireland NL (AU:ZMI) has released an update.

Zinc of Ireland NL is set to bolster its exploration endeavors by raising approximately $2.22 million through a combination of a Placement and Entitlement Offer. The capital will be funneled into the company’s high-grade zinc projects located in Ireland, Canada, and Western Australia. The updated schedule for these offers has been announced, with key dates including the issue of shares under the placement offer on August 29, 2024, and the close of the offers by September 19, 2024.

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